Today's World Economy Often Seems to Be Based on the Concept

question 25

Multiple Choice

Today's world economy often seems to be based on the concept of

• A) "robbing Peter to pay Paul."
• B) the law of supply and demand.
• C) survival of the fittest.
• D) both a and b
• E) both a and c

---

Definitions:

Cash Dividends

Earnings given by a corporation to its investors, usually in the form of profit sharing.

Market Value

The current price at which an asset or service can be bought or sold, often used in reference to the market price of stocks or other securities.

Discount on Common Stock

A reduction offered on the par or stated value of common stock, typically related to issuance below market value.

Par Value

The nominal or face value of a stock or bond, set at the time of its issuance.